DIVISLAB
Divi S Laboratories Ltd
Max pain for DIVISLAB
11 Oct 2024 11:31 AM IST
Max Pain for DIVISLAB is 5900
Strike 4300 has a total call value of 0 versus a total put value of 323,510,000,000 Combined total value = 323,510,000,000
Strike 4350 has a total call value of 3,000,000 versus a total put value of 311,385,000,000 Combined total value = 311,388,000,000
Strike 4400 has a total call value of 6,000,000 versus a total put value of 299,260,000,000 Combined total value = 299,266,000,000
Strike 4450 has a total call value of 9,000,000 versus a total put value of 287,135,000,000 Combined total value = 287,144,000,000
Strike 4500 has a total call value of 12,000,000 versus a total put value of 275,010,000,000 Combined total value = 275,022,000,000
Strike 4550 has a total call value of 15,000,000 versus a total put value of 262,974,000,000 Combined total value = 262,989,000,000
Strike 4600 has a total call value of 18,000,000 versus a total put value of 250,938,000,000 Combined total value = 250,956,000,000
Strike 4650 has a total call value of 21,000,000 versus a total put value of 238,902,000,000 Combined total value = 238,923,000,000
Strike 4700 has a total call value of 24,000,000 versus a total put value of 226,866,000,000 Combined total value = 226,890,000,000
Strike 4750 has a total call value of 27,000,000 versus a total put value of 214,830,000,000 Combined total value = 214,857,000,000
Strike 4800 has a total call value of 30,000,000 versus a total put value of 202,794,000,000 Combined total value = 202,824,000,000
Strike 4850 has a total call value of 44,000,000 versus a total put value of 190,992,000,000 Combined total value = 191,036,000,000
Strike 4900 has a total call value of 58,000,000 versus a total put value of 179,190,000,000 Combined total value = 179,248,000,000
Strike 4950 has a total call value of 72,000,000 versus a total put value of 167,470,000,000 Combined total value = 167,542,000,000
Strike 5000 has a total call value of 86,000,000 versus a total put value of 155,750,000,000 Combined total value = 155,836,000,000
Strike 5050 has a total call value of 100,000,000 versus a total put value of 144,514,000,000 Combined total value = 144,614,000,000
Strike 5100 has a total call value of 114,000,000 versus a total put value of 133,323,000,000 Combined total value = 133,437,000,000
Strike 5150 has a total call value of 128,000,000 versus a total put value of 122,362,000,000 Combined total value = 122,490,000,000
Strike 5200 has a total call value of 142,000,000 versus a total put value of 111,437,000,000 Combined total value = 111,579,000,000
Strike 5250 has a total call value of 156,000,000 versus a total put value of 100,911,000,000 Combined total value = 101,067,000,000
Strike 5300 has a total call value of 175,000,000 versus a total put value of 90,471,000,000 Combined total value = 90,646,000,000
Strike 5350 has a total call value of 194,000,000 versus a total put value of 80,546,000,000 Combined total value = 80,740,000,000
Strike 5400 has a total call value of 213,000,000 versus a total put value of 70,746,000,000 Combined total value = 70,959,000,000
Strike 5450 has a total call value of 541,000,000 versus a total put value of 61,755,000,000 Combined total value = 62,296,000,000
Strike 5500 has a total call value of 949,000,000 versus a total put value of 52,955,000,000 Combined total value = 53,904,000,000
Strike 5550 has a total call value of 1,685,000,000 versus a total put value of 45,375,000,000 Combined total value = 47,060,000,000
Strike 5600 has a total call value of 2,610,000,000 versus a total put value of 37,969,000,000 Combined total value = 40,579,000,000
Strike 5650 has a total call value of 3,851,000,000 versus a total put value of 31,160,000,000 Combined total value = 35,011,000,000
Strike 5700 has a total call value of 5,150,000,000 versus a total put value of 24,519,000,000 Combined total value = 29,669,000,000
Strike 5750 has a total call value of 7,014,000,000 versus a total put value of 18,998,000,000 Combined total value = 26,012,000,000
Strike 5800 has a total call value of 9,046,000,000 versus a total put value of 13,790,000,000 Combined total value = 22,836,000,000
Strike 5850 has a total call value of 11,635,000,000 versus a total put value of 9,767,000,000 Combined total value = 21,402,000,000
Strike 5900 has a total call value of 14,427,000,000 versus a total put value of 6,105,000,000 Combined total value = 20,532,000,000
Strike 5950 has a total call value of 17,778,000,000 versus a total put value of 3,554,000,000 Combined total value = 21,332,000,000
Strike 6000 has a total call value of 21,375,000,000 versus a total put value of 1,444,000,000 Combined total value = 22,819,000,000
Strike 6050 has a total call value of 26,228,000,000 versus a total put value of 746,000,000 Combined total value = 26,974,000,000
Strike 6100 has a total call value of 31,352,000,000 versus a total put value of 285,000,000 Combined total value = 31,637,000,000
Strike 6150 has a total call value of 37,740,000,000 versus a total put value of 185,000,000 Combined total value = 37,925,000,000
Strike 6200 has a total call value of 44,553,000,000 versus a total put value of 91,000,000 Combined total value = 44,644,000,000
Strike 6250 has a total call value of 52,505,000,000 versus a total put value of 49,000,000 Combined total value = 52,554,000,000
Strike 6300 has a total call value of 60,634,000,000 versus a total put value of 8,000,000 Combined total value = 60,642,000,000
Strike 6350 has a total call value of 69,893,000,000 versus a total put value of 6,000,000 Combined total value = 69,899,000,000
Strike 6400 has a total call value of 79,286,000,000 versus a total put value of 4,000,000 Combined total value = 79,290,000,000
Strike 6450 has a total call value of 89,220,000,000 versus a total put value of 2,000,000 Combined total value = 89,222,000,000
Strike 6500 has a total call value of 99,315,000,000 versus a total put value of 0 Combined total value = 99,315,000,000
Strike 6550 has a total call value of 110,230,000,000 versus a total put value of 0 Combined total value = 110,230,000,000
Strike 6600 has a total call value of 121,195,000,000 versus a total put value of 0 Combined total value = 121,195,000,000
Strike 6650 has a total call value of 132,570,000,000 versus a total put value of 0 Combined total value = 132,570,000,000
Strike 6700 has a total call value of 144,031,000,000 versus a total put value of 0 Combined total value = 144,031,000,000
Strike 6750 has a total call value of 155,654,000,000 versus a total put value of 0 Combined total value = 155,654,000,000
Strike 6800 has a total call value of 167,277,000,000 versus a total put value of 0 Combined total value = 167,277,000,000
What is Max Pain?
Max pain, or the max pain price, is the strike price with the most open contract puts and calls - and the price at which the stock would cause financial losses for the largest number of option holders at expiration.
Calculating Max Pain
Max pain is a simple but time consuming calculation. Essentially, it is the sum of the outstanding put and call dollar value of each in-the-money strike price. For each in-the-money strike price for both puts and calls:
- Find the difference between stock price and strike price
- Multiply the result by open interest at that strike
- Add together the dollar value for the put and call at that strike
- Repeat for each strike price
- Find the highest value strike price. This price is equivalent to max pain price.
How can a trader benefit?
As the option expiration approaches, option writers will try to buy or sell shares of stock to drive the price toward a closing price that is profitable for them, or at least to hedge their payouts to option holders. Call writers sell shares to drive share price down and Put holders buy shares to drive share price up. The max pain strike price exists somewhere in the middle.